Why is it easy for real-world assets to fail on the chain? To put it simply, the problem isn't with the blockchain itself, but with the bunch of off-chain files, contracts, and certificates.



For example, a solution like a leading oracle can indeed handle price data, but they only deal with transmitting numbers. The real trouble is: transaction documents, asset certificates, ownership records—have these been tampered with? When were they changed? No one really knows.

IOTA has a concept in this area. Through a notarization mechanism, transaction documents, certificates, and asset records are directly inscribed onto the ledger. This way, you have a solid proof: at a certain point in time, the data looked like this, and whether it has been altered since then is clear at a glance.

Simply put, the circulation of RWA involves not just value, but also trust. And the foundation of trust is: this data has not been tampered with. IOTA's approach makes this verification process a default system behavior.
IOTA2,2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
GhostInTheChainvip
· 01-18 23:21
Those on-chain junk is the real black hole; no matter how awesome the oracle is, it can't save it.
View OriginalReply0
gas_fee_therapistvip
· 01-18 17:24
That pile of offline paper proofs is really a big pit; oracles can only handle the price part.
View OriginalReply0
CountdownToBrokevip
· 01-18 03:27
Speaking of which, those offline paper things are the real black holes.
View OriginalReply0
UncleLiquidationvip
· 01-16 03:52
Off-chain data is indeed the key to RWA, but the notarization mechanism still sounds somewhat idealistic.
View OriginalReply0
CryptoSurvivorvip
· 01-16 03:52
Ha, you're right. Off-chain data is the real black box.
View OriginalReply0
StakeTillRetirevip
· 01-16 03:52
Off-chain data is the real black box; oracles can't save it either.
View OriginalReply0
DaoGovernanceOfficervip
· 01-16 03:47
ngl the whole "off-chain data integrity" angle is exactly what people keep glossing over when they shill RWA. empirically speaking, notarization sounds great on paper but—where's the actual audit trail? who's verifying the notary itself? 🤔
Reply0
NotGonnaMakeItvip
· 01-16 03:47
Haha, that pile of off-chain files is just a ticking time bomb, and oracles can't save it either.
View OriginalReply0
ProposalDetectivevip
· 01-16 03:44
At the end of the day, it's a trust issue. No one can solve the mess off-chain.
View OriginalReply0
RugPullSurvivorvip
· 01-16 03:35
Off-chain data is the real black hole; oracles can't save it either.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)